All articles tagged with #flexjet
Honeywell expects to record a $470 million charge in Q4 related to a settlement in a legal dispute with Flexjet over aircraft engine maintenance, amid ongoing damages claims and a lowered profit forecast for 2025.
LVMH-backed private equity firm L Catterton is leading an $800 million investment to acquire a 20% stake in Flexjet, a luxury private jet company, aiming to expand its offerings into the experience economy with a focus on luxury travel and bespoke services, while maintaining Flexjet's boutique identity.
LVMH-backed investment firm takes a 20% stake in Flexjet, valuing the private jet company at around $4 billion, as part of a strategic move to enhance luxury travel offerings and brand synergies, with Flexjet focusing on creating an exclusive, club-like experience for high-net-worth individuals.